The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Tuesday, December 11, 2012

update

Been too sick to be at my computer these past two day.  Here are some updated charts:

XLF printing dojis on this pattern breakout.  Momentum divergence and potentially the 4th consecutive lower high

DIA shooting star into resistance coming out of this rising wedge.

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